News about properties

KUALA LUMPUR (March 25): The residential, office and hospitality property sectors are believed to have bottomed but the retail property is expected to remain under pressure in 2017, said Zerin Properties group CEO and founder Previndran Singhe (pictured) during his talk at The Edge Malaysia Investment Forum on Real Estate 2017 today.

KUALA LUMPUR (March 21): IOI Properties Group Bhd’s rights issue has been oversubscribed by 136.

PUCHONG (March 13): IOI Properties Bhd is aiming to start construction of an office development with an estimated gross development value (GDV) of at least S$3.

  成交价：RM123万（每平方尺RM714） 交易推手：来自MIP Properties的 Ho Chan Foong (REN 20362，016-595 7752) 与Freeman Woo Chee Meng (REN 05026，012-656 7617)  成交日：2016年10月 卖点： 永久地契 单位面积：1,722平方尺，三卧室一浴室 位于中高楼层，可欣赏毫无遮挡的绿景 全装潢单位 设施：520尺环绕公寓大楼的水池造景、两个泳池、室内羽球馆、网球馆和游乐场。 临近设施：国际学校、Plaza 1 Mont’Kiara以及Desa Sri Hartamas商业中心 占地9.

SHAH ALAM (March 3): There is a need for more statistics in the real estate industry so that the correct information can be conveyed to both sellers and buyers, said JLL Property Services (Malaysia) Sdn Bhd country head and managing director, Y Y Lau.

KUALA LUMPUR (Feb 24): Sarawak-based property developer Ibraco Bhd's net profit in the fourth quarter ended Dec 31, 2016 (4QFY2016) dropped 80% to RM3.

KUALA LUMPUR (Feb 23): IOI Properties Group Bhd’s sales is expected to remain strong in the second half of the financial year ending June 30, 2017 (2HFY2017) on the back of its Trilinq condominium project in Singapore, said analysts.

KUALA LUMPUR: IOI Properties Group Bhd posted a net profit of RM273.

PETALING JAYA (Feb 20): There may be a slowdown in the property market but niche developer Bukit Kiara Properties Sdn Bhd (BKP) has recently announced that the processing of their contractors’ payments would be changed from once a month to every two weeks.

SINGAPORE (Feb 16): City Developments says wholly-owned subsidiary, Global City International, has acquired an additional 30% stake in Suzhou Global City Genway Properties Co from Suzhou Industrial Park Genway Housing Development Group Co.